Business

Find the latest business news on Egypt’s stock market, banking, investments, tourism, automotive, international business, technology, interest rates, currencies and funds.
Latest Business News

IDA demands the removal of rebar from energy-intensive list

Industrial Development Authority wants to end requests being sent to SCE for…

Abdel Qader Ramadan

Carrefour to fix basic food items’ prices until end of 2014: Executive Regional Director

The items in question include essential goods such as rice, oil, sugar…

Doaa Farid

Germany to lift travel warnings to Sharm El-Sheikh: German Embassy in Cairo

German Ambassador Hansjorg Haber considers lifting travel warnings to Sharm El-Sheikh very…

Suspension of Gulf aid behind $600m drop in foreign reserves in June: Experts

Foreign reserves register the lowest level since the ouster of former president…

Doaa Farid

Egypt to adopt international taxation policy to avoid double taxation: Finance minister

Government struggling to expand resources through tax reform imposing new taxes, fighting…

Mohamed Ayyad

Subsidy cuts a ‘very important step’: EU ambassador

EU ambassador to Egypt welcomes reduction of subsidies on petroleum products

Abdel Qader Ramadan

EGP 600m allocated for slum development in budget: Ministry of Planning

European Union (EU) to provide € 1.5m for development in slum areas…

Abdel Qader Ramadan

Government plans ‘donor countries’ conference before year’s end

The Ministry of Planning has announced intentions to hold a conference for…

Abdel Qader Ramadan

EGAS, Sonatrach negotiating over 5 LNG shipments for electricity production

Delegation from Algerian firm set to arrive in mid-July to conclude proceedings

Mohamed Adel

North Africa approaching universal access to primary education: UN report

Primary education enrolment increased from 80% to 99% in North Africa over…

Doaa Farid